From CNN Money:
Salesforce CEO: We’re helping employees move out of IndianaBenioff only has $3.5 billion so he can hardly afford to make that kind of sacrifice.
By Charles Riley and Poppy Harlow @CNNMoney
Salesforce CEO Marc Benioff said Wednesday that he is helping employees who are uncomfortable with Indiana’s controversial religious freedom law to transfer out of the state.
The move is in response to a law signed last week by Indiana Gov. Mike Pence that allows businesses to refuse service to gay, lesbian and transgender people on religious grounds.
Benioff had already pledged to reduce his company’s investments in Indiana, calling the law “brutal,” “unfair” and “unjust.” The cloud computing CEO said he is working with state officials in hopes of changing the statute. …
Benioff acknowledged that Salesforce (CRM, Tech30) won’t be able to completely pull out of Indiana, given the size of the company’s operations there….
Big business has been at the forefront of the backlash against the Indiana law, and similar legislation pending in states around the U.S.CEOcracy will be the ultimate achievement of the Left.
Apple (AAPL, Tech30), Yelp (YELP), the NCAA, Eli Lilly (LLY), NASCAR, General Electric (GE), Angie’s List and PayPal are among the companies that have raised concerns….
“This is a really important point that, you know, CEOs have a lot of power and control on investment in states and we want to invest in states where there is equality,” Benioff said.
“One thing that you’re seeing is that there is a third [political] party emerging in this country, which is the party of CEOs,” he said.